Can you “zoom” up and down? Apparently you can.
ZM stock up big, cause they are, like, canning a ton of people. Yay Zoom.
Back almost 3 years now, in May 2020, I speculated that ZM would underperform CAKE.
ZM was $165 then and did skyrocket more but then deflated like balloons at a dart-throwing convention during happy hour.
ZM currently $82 after today’s pop. Still 50% down, after almost 3 years.
CAKE was around $20, I think. Can’t find my old TMF posts anymore, dontcha know!! Cake over $38 at moment. Not quite 100% gain.
I don’t know about you folks, but I feel like 2016 or so thru Jan 2020 was one universe, and we have lived in an alternate reality since Feb 2020. It has been 3 years of craziness. 3 years of massive plunges, btfd, crypto/meme absurdity, and I think we are all at a loss on how exactly to define what is to come in 2023: resumption of “normalcy” or massive and final capitulation?
No matter what happens, I will always have fond memories of CAKE.